BOUNTIFUL — Davis County small businesses and investment fund owners have through April 5 to apply for new early stage seed fund investment consideration.

Some $4 million has been approved in State Small Business Credit Initiative stimulus money for use by seed or early-stage venture capital funds that intend to invest in Utah companies. The state may also invest directly in early-stage companies who may be receiving funds directly from Utah small business investors, a news release from the Utah Small Business Growth Initiative and the Governor’s Office of Economic Development said.

Screening panels will be set up to hear presentations from those interested in being considered. Contact Sidni Johnson at 801-464-2293 or email sidni@utsbgi.com for details and application instructions.